Hi ~ when running numbers on small multi families ( considering to buy ) ~ often utilities costs are missing from listing, and seller is often not at showing ~ agents don't know and don't seem interested in finding ou...

A lot of new investors overlook the power of ARV when securing funding.
Experienced flippers know — your After Repair Value can make or break your deal terms.
How do you calculate or present your ARV when talking to...

When utilities are included adding a clause about "reasonable usage" and setting a maximum dollar amount that is included depending on the size of the property and # of occupants.

Quote from @Shuchi Gupta: Hi BP community,Looking for real-world experience from multifamily owners or investors who’ve done a panel upgrade.I have an 8-unit building in Santa Clara, CA, and I’ve received 3 quotes to replace the main service panel & meter bank (9 meters total, including common laundry).What differs across the bids:600A Eaton meter bank Square D panel but amp size not specifiedOne bid includes the laundry subpanelSome bids don't include permit/engineering/stucco patchingPrices range from $19K to $38K some not including permit fees.Current setup:1960s buildingGas water heatersShared laundryUpgraded kitchen appliances over timeAll tenants have window AC units, No EV chargers yetQuestions:Did you go 250A or 600A on your small multifamily upgrade?

This county is stating that the starting auction amount can only include the principal amount of the certificates which we have paid over the last 4 years, but cannot include the accrued interest or the auction fee the County charges investors to start the process (which total ~$4,000 in this case). 

Ward III Really great checklist, completely agree that readiness drives confidence with lenders.A few elements we’ve found helpful to include as well:▪ Sensitivity analysis on DSCRJust a quick look at how the deal holds up under different rate or OpEx scenarios.Shows we’re realistic about what’s changing in the market.▪ Institutional OpEx benchmarksA one-liner that ties expenses to actual operator averages helps align expectations early.▪ Brief risk/mitigation bulletsDoesn’t need to be heavy, just shows we’ve already thought through the downside.Those couple of additions have made conversations with lenders much more efficient on our end, especially when moving from preliminary interest to real underwriting.Appreciate you sharing this, would definitely like to take a look at your full checklist PDF as well.

A message with specifics including rates, fees, and other terms , info about your organization, including a website and references would be welcome.I look forward to hearing from you and working with you.Best

There, you'll find detailed information on investing, both in general and specifically in Las Vegas.Before I continue, note that unless otherwise stated, the charts only include properties that match the following profile.Type: Single-familyConfiguration: 1,000 SF to 3,000 SF, 2+ bedrooms, 2+ baths, 2+ garages, minimum lot size is 3,000 SF.Price range: $320,000 to $475,000Locations: See the map belowOverall Market InventoryThe chart below, from the MLS, includes ALL property types and price ranges.

This package includes lawn maintenance, quarterly air filter replacement, and an annual HVAC tune-up.

Matt shares the good and the bad, including his mistakes, and the lessons behind them in detail.